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South Korean Credit Card Firm Exports AI Software to Japan, Marking Industry First

South Korean Credit Card Firm Exports AI Software to Japan, Marking Industry First

SEOUL, Oct. 18 (Korea Bizwire) – Hyundai Card, a major South Korean credit card company, has successfully exported its proprietary artificial intelligence software to Japan, marking the first such international sale by a South Korean financial institution.  The company announced on October 17 that it had signed a contract to sell its AI software, Universe, to [...]

Samsung Ditches Settings Menu as AI Takes Control of User Experience

Samsung Ditches Settings Menu as AI Takes Control of User Experience

SEOUL, Oct. 14 (Korea Bizwire) – The familiar “Settings” menu, long a staple of smartphone interfaces, may soon become a relic of the past on Samsung Galaxy devices. This shift reflects a broader trend in the digital manufacturing industry, where artificial intelligence (AI) is increasingly being used to interpret and execute user intentions without explicit commands.  [...]

KT to Open Joint Innovation Center for AI Research with Microsoft Next Year

KT to Open Joint Innovation Center for AI Research with Microsoft Next Year

SEOUL, Oct. 10 (Korea Bizwire) — KT Corp., a major South Korean mobile carrier, will jointly open an innovation center for research of artificial intelligence (AI) and cloud computing technologies with Microsoft Corp. next year, the Korean company said Thursday. The establishment of the Innovation Center comes as part of KT and Microsoft’s five-year partnership [...]

Foreign Sell-offs of Korean Stocks at Over 3-yr High in Sept. on Geopolitical Risk, AI Woes

Foreign Sell-offs of Korean Stocks at Over 3-yr High in Sept. on Geopolitical Risk, AI Woes

SEOUL, Oct. 10 (Korea Bizwire) — Foreign investors sold the largest amount of Korean stocks in over 3 years in September amid escalating geopolitical risks and skepticism over the artificial intelligence (AI) sector, central bank data showed Thursday. Offshore investors sold a net US$5.57 billion worth of local stocks last month, following $1.85 billion worth [...]

Korean Scientists Develop AI-Powered Material Design Tool with Improved Accuracy

Korean Scientists Develop AI-Powered Material Design Tool with Improved Accuracy

DAEJEON, Oct. 10 (Korea Bizwire) – Researchers at the Korea Advanced Institute of Science and Technology (KAIST) have developed a groundbreaking artificial intelligence-based material design technology that significantly improves prediction accuracy for material properties. The research team, led by Lee Eok-Kyun and Kim Hyungjun from KAIST’s Department of Chemistry, announced on October 9 that they have [...]

South Korean Tech Firms Rush to Monetize AI Services Amid Growing Competition

South Korean Tech Firms Rush to Monetize AI Services Amid Growing Competition

SEOUL, Oct. 7 (Korea Bizwire) – In a significant shift within South Korea’s tech landscape, companies from industry giants to small startups are increasingly launching paid artificial intelligence (AI) services, signaling a new phase in the commercialization of AI technology.  Naver Cloud, a subsidiary of South Korea’s leading IT company Naver, recently introduced Papago Plus, a premium [...]

South Koreans Lead in Tech Adoption, Yet Harbor Deep Anxieties About AI in the Workplace

South Koreans Lead in Tech Adoption, Yet Harbor Deep Anxieties About AI in the Workplace

SEOUL, Oct. 4 (Korea Bizwire) – In a striking paradox, South Korea, a global leader in digital infrastructure and artificial intelligence (AI) adoption, is grappling with widespread worker anxiety about the impact of AI on job security, according to a recent international study.  The report, released by researchers Cheong Se-jeong and Shin Young-kyu from the Korea [...]

Samsung Electronics Starts Mass Production of Industry-leading SSD for AI Computers

Samsung Electronics Starts Mass Production of Industry-leading SSD for AI Computers

SEOUL, Oct. 4 (Korea Bizwire) — Samsung Electronics Co. said Friday it has begun mass production of its latest industry-leading solid-state drive (SSD) product optimal for usage in powerful artificial intelligence personal computers. Samsung said the PM9E1 SSD, which boasts the industry’s highest performance and largest capacity, is built on its in-house 5-nanometer-based controller and [...]

South Korea Develops AI to Boost Egg Farm Efficiency

South Korea Develops AI to Boost Egg Farm Efficiency

JEONJU, Sept. 26 (Korea Bizwire) – In a significant leap for smart farming technology, South Korean researchers have developed an artificial intelligence system capable of identifying non-laying hens in commercial egg operations, the Rural Development Administration (RDA) announced on September 25.  The innovative technology, a result of collaboration between the National Institute of Animal Science, Jeonbuk [...]